Job Description
The Role Responsibilities
• Good knowledge of Financial Market products especially Credit related products.
• Responsible for Daily delivery of P&L with zero errors to Traders
• Understands the P&L preparation for such products and ability to support queries from traders, sales teams, PC teams and country finance teams
• Do an independent review of Significant deals and be able to substantiate the Day1 P&L from the same.
• Support Audit (Internal and external), Operational risk related activities
• Maturity to manage senior stakeholders in Trading desk and Sales Coverage teams
• Good Understanding of Valuation concepts as in IFRS-+, Similarly awareness about pricing / reserve calculation methods vis a vis IPV, bid offer reserves, model reserves, etc.
• Conduct regular review of observability of the different market data used by Trading Desk in marking their books.
• Review & presentation of monthly valuation packs for Finance Committees and FO.
• Review the work for junior members of the team & ensuring the team follows robust controls and governance framework.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners.
• Research market best practice and keep abreast of the evolving issues e.g. XVA, IBOR Transition, etc. that affect the valuation of the Credit business.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives
• Provide thought leadership and take accountability from Bangalore on different initiatives spanning – Technology (SABRE, Aspire, Razor, Stride, GPTM), Regulatory (IBOR, ViR ).
• People Responsibilities
• Maintaining a pleasant workplace environment which is motivating and enables high performance within team. Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (including people development, pipeline/skills monitoring, and training programs,) Manage leaves and attrition, create enough backup / cross trainings. Minimize dependency on key people by cross training and succession
• Good knowledge of Financial Market products especially Credit related products.
• Responsible for Daily delivery of P&L with zero errors to Traders
• Understands the P&L preparation for such products and ability to support queries from traders, sales teams, PC teams and country finance teams
• Do an independent review of Significant deals and be able to substantiate the Day1 P&L from the same.
• Support Audit (Internal and external), Operational risk related activities
• Maturity to manage senior stakeholders in Trading desk and Sales Coverage teams
• Good Understanding of Valuation concepts as in IFRS-+, Similarly awareness about pricing / reserve calculation methods vis a vis IPV, bid offer reserves, model reserves, etc.
• Conduct regular review of observability of the different market data used by Trading Desk in marking their books.
• Review & presentation of monthly valuation packs for Finance Committees and FO.
• Review the work for junior members of the team & ensuring the team follows robust controls and governance framework.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners.
• Research market best practice and keep abreast of the evolving issues e.g. XVA, IBOR Transition, etc. that affect the valuation of the Credit business.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives
• Provide thought leadership and take accountability from Bangalore on different initiatives spanning – Technology (SABRE, Aspire, Razor, Stride, GPTM), Regulatory (IBOR, ViR ).
• People Responsibilities
• Maintaining a pleasant workplace environment which is motivating and enables high performance within team. Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (including people development, pipeline/skills monitoring, and training programs,) Manage leaves and attrition, create enough backup / cross trainings. Minimize dependency on key people by cross training and succession
💡 Quick Summary
Seeking a career-building opportunity? The Vice President| Product Control Credit GBS position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.